Recently, top institutions like Sequoia and Binance Foundation have invested real money into the MYX Finance node network. They want to take the lead in the decentralized derivatives space.
The MYX Finance protocol is not simple; it is backed by a team of traditional financial elites. They have developed an innovative MPM matching engine and Keeper staking system, creating a triple growth flywheel of 'institutional staking + retail governance + deflationary economy', which aims to rewrite the rules of the DeFi derivatives game.
Why are institutions so actively laying out their strategies?
Behind this is an innovative value capture mechanism. Take Sequoia for example; as the lead investor in the seed round, they not only invested $5 million in early funding but also staked 500,000 $MYX tokens, becoming a core node operator. Moreover, they distributed 70% of the node profits to community supporters, making this 'community benefit' strategy brilliant. Combined with the 12% circulating supply staking from the Linea ecosystem fund, the TVL of the MYX node network exceeded $40 million within two weeks of its launch!
Binance Foundation's strategic investment is also noteworthy; the purchase of 25,000 $MYX is linked to the Binance Wallet IDO, directly igniting retail FOMO sentiment. This also paves the way for cross-chain liquidity expansion, making future trading smoother.
Of course, the willingness of capital to bet on $MYX is primarily due to the breakthrough design of its technical architecture. The MPM mechanism of $MYX is impressive; it can dynamically balance long and short positions, enhancing capital efficiency to 125 times that of traditional DEXs, while also achieving perfect compatibility with zero slippage and 50 times leverage.
And its chain abstract account integrates assets from over 20 public chains such as Sol and Arb, allowing users to engage in cross-chain derivatives trading without the need for bridges. This can be considered a perfect solution of 'CEX-level experience + DEX-level security', which is also why the daily trading volume can exceed $220 million even in uncertain market conditions.
More importantly, the first 21 nodes are elected through weekly on-chain snapshots, and these nodes possess the authority to adjust transaction fees and leverage multiples. This creates a new power structure of staking as governance, making the entire ecosystem fairer and more transparent.
Now that Canada has approved SOL staking ETFs, the channel for institutional funds to enter has opened. The 'staking-trading-burning' economic closed loop created by $MYX could very well become a benchmark case for capital efficiency revolution in the next cycle. Therefore, $MYX is worth close attention; you might catch a significant opportunity!
